In my opinion work with some one who is got experience in doing short sales ,,,if all reasons are there for a short sale ,I have closed successful short sale with 99.5 closing rate
should you have questions ,call direct or e mail .firstname.lastname@example.org
760-251-2868 HENA BROKER... more
An accountant or tax advisor would be the right person for this question.
Here are some general guidelines:
When you sell your home and make a profit of $500k if married or
$250k if single you pay no taxes.
Beyond those above mentioned amounts you have to pay long term Capital Gains,
Health tax etc, or roll the gains into a 1031 exchange, but you must talk to your
Tax Accountan to do this right.
If you sell the home for less, then you eat the loss and cannot carry it forward on
A principal residence, like stay stock or investment losses. But you should verify
This with an accountant.
If you are doing a short sale then that is a total different ball game, and you work with a
Tax advisor and a Realtor very closely.
Vacant lots are not bringing too much money these days ,zoning you have to call the city to chk the apn or the title can help ,depends how big your lot is I have a listing for 20 acres prime location for 299000 to give you an idea ,stay in touch if you like to list HENA MARTIN BROKER 760-251-2868... more
Hello ,I have one property in escrow on santa rosa ,if you owe 300k it is a whole lot ,is there any way you can try to get a modification or check into some other options ,I am glad to help .It does not look like that price will be delivered any time soon ,The values have already gone up a bit .HENA MARTIN BROKER 760-251-2868... more